Results tagged “business”

LANDOWNERS at Heron Quays West are to be handed a council order forcing them to sell up to Canary Wharf Group (CWG).

Tower Hamlets cabinet members have agreed to use the council’s compulsory purchase powers to force two major long leasehold owners to pass on their interest in the site to CWG.

The major estate landowner wants to build a three-tower office and retail building on the land, which will accommodate as many as 7,960 staff.

RETIREMENT may be a long way from the minds of most Wharfers but HSBC have given everyone food for thought with their latest report.

The banking giant’s insurance arm published their latest Future of Retirement report on Tuesday. The survey of 40,000 people across 25 countries revealed most of us expect to work for longer and are making more detailed provision for retirement, reflecting a growing realisation that we can’t rely on a state pension.

Robert Lang, chief executive of HSBC Life, explained how the report’s findings showed changing attitudes to the challenge of funding retirement.

SIGN UP for a major corporate challenge next month and you’ll find yourself rubbing shoulders with one of rugby’s greats.

Rory Underwood, England’s flying winger during the ’80s and ’90s, is taking part in the Microsoft UK Challenge.

He will join teams from several Canary Wharf companies, including HSBC and Barclays.

The former sporting giant, who now runs high performance development consultancy UPH, said: “I’m really looking forward to it. I’m doing a couple of events, although I don’t quite know what they involve – but then that’s the whole point.